Let there be Led Light! Eon Electric gains 4.6%

The company has secured an extension to the ongoing LED streetlights installation project aimed at transforming the conventional streetlights to LED lights in Jodhpur.

Dec 22, 2015 04:12 IST India Infoline News Service

Market Going Up
Eon Electric ended higher 4.6% at Rs.79 on BSE. The company has secured an extension to the ongoing LED streetlights installation project aimed at transforming the conventional streetlights to LED lights in Jodhpur.

The scrip opened at Rs. 78.95 and touched a high and low of Rs. 79.35 and Rs. 77 respectively. A total of 706425(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 121.41 crore.
The BSE group 'B' stock of face value Rs. 5 touched a 52 week high of Rs. 75.6 on 21-Dec-2015 and a 52 week low of Rs. 31.25 on 26-Mar-2015. Last one week high and low of the scrip stood at Rs. 75.6 and Rs. 53.15 respectively.
The promoters holding in the company stood at 59.74 % while Institutions and Non-Institutions held 0 % and 40.26 % respectively.
The stock traded below its 50 DMA.


 

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